CAREER

Real Estate Brokers

Overview

Salary Median (2020)

$60,370

Projected Job Growth (2019-2029)

+2.6% (slower than the average)

Most Common Level of Education

High school diploma or equivalent

Career

Roadtrip Nation Leaders in This Career

What Real Estate Brokers Do

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Other Job Titles Real Estate Brokers May Have

Broker, Broker Associate, Designated Broker, Managing Broker, Real Estate Associate, Real Estate Broker, Real Estate Sales Associate, Realtor

How Leaders Describe a Typical Day at Work

Broker and Owner ,

Benevides & Associates, Inc.

As a Broker and the Owner of a Real Estate Firm, my typical day is concentrated on two primary goals. First is mentoring and supporting my Agents in their day-to-day goals, problems, and situations they face. Second, is constantly staying focused on marketing our company. Those are the two primary "jobs" I concentrate on day to day as an owner. Obviously, there are many other administrative tasks that have to be done, but they are just necessary parts of ownership.


Tasks & Responsibilities May Include

  • Sell, for a fee, real estate owned by others.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Manage or operate real estate offices, handling associated business details.

This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.